Deposit Compliance Specialist (Full-Time - Non-Exempt)

ROLE

This position is responsible for assisting the Compliance Officer in maintaining the bank’s overall compliance programs, including but not limited to, reviewing deposit functions as well as making sure that the bank is complying with applicable federal and state laws and regulations. Through the Compliance Officer, this position provides necessary reporting to management and Board of Directors for all Peoples Bank and Trust branches and locations.

ESSENTIAL FUNCTIONS
This position is responsible for the following functions:

• Develop an understanding of Federal and State Banking Regulations


• Work with the Compliance Department and other applicable bank departments to implement policy and procedure changes required by new regulations or amendments to existing regulations


• Be a regulatory compliance resource for bank staff (answer questions, perform research, etc.)


• Perform compliance reviews to ensure PBT is complying with Federal and State Banking Regulations as well as internal bank policies and procedures


• Coordinate and conduct compliance training for bank staff as needed

Additional Responsibilities

• Assist the Bank Secrecy Act (BSA) Officer with reporting requirements (ex. Currency Transaction Reporting) and provide backup to the BSA Officer's daily duties as needed


• Assist in the research required when a Subpoena is received; respond timely, accurately, and completely 

Various other duties as assigned

QUALIFICATIONS
EDUCATION/CERTIFICATION: High School Diploma or equivalent required
Bachelor’s degree in related field, or equivalent relevant experience 
REQUIRED KNOWLEDGE: Complete understanding of Federal (FDIC) and State Bank Regulations as related to bank policies and functions, knowledge of bank functions
EXPERIENCE REQUIRED: 5+ years banking experience preferred
SKILLS/ABILITIES: Attention to detail, strong written and verbal communication skills, self-motivation, self-management, ability to consistently follow through on tasks, problem-solving, organized, analytical, interpersonal, time management, computer literacy and strong ability to multi-task, good independent judgment and a high degree of integrity

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
TALKING: Ability to speak effectively and communicate clearly
AVERAGE HEARING: Ability to hear average conversations at a standard level in an office environment around other customers and bank personnel
REPETITIVE MOTION: The employee is regularly required to type throughout the day
FINGER DEXTERITY: The employee is regularly required to use their hands to type and maneuver a mouse
AVERAGE VISION: Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception and the ability to adjust focus with 20/20 vision (with or without the assistance of eyeglasses/contacts)
PHYSICAL STRENGTH: The employee must occasionally lift and/or move up to 20 pounds (unassisted) as well as stand, sit, bend, kneel, squat, and walk for long periods of time

WORKING CONDITIONS

General professional office environment with climate control. Vibration and loud surroundings. Adequate lighting. Occasional travel to other bank branches. Occasional meetings with clients or bank personnel outside of normal business hours.

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
REASONING ABILITY: Ability to deal with a variety of variables under only limited standardization.
MATHEMATICS ABILITY: Strong numeric capabilities; Ability to add, subtract, multiply and divide in all units of measure using whole numbers and common fractions.
LANGUAGE ABILITY: Ability to read, analyze, and interpret documents. Ability to communicate clearly.

INTENT AND FUNCTION OF JOB DESCRIPTIONS
Job descriptions assist organizations in ensuring that the hiring process is fairly administered and that qualified employees are selected. They are also essential to an effective appraisal system and related promotion, transfer, layoff, and termination decisions. Well-constructed job descriptions are an integral part of any effective compensation system.

All descriptions have been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.